If he couldn't win in UK he has no chance here in US....
UK trader arrested for May 2010 U.S. Stock market flash crash
- Thread starter just21
- Start date
If he couldn't win in UK he has no chance here in US....
Of course....just an indication of the state of our legal system.
Everyone is guilty until proven innocent or gone to jail.
They are going to really make an example of Sarao.
One question : which UK-based trader, seeing what Sarao is going through will be tempted to lie to FBI agents when caught red handed about any trading related crimes?
One question : which UK-based trader, seeing what Sarao is going through will be tempted to lie to FBI agents when caught red handed about any trading related crimes?
https://www.theguardian.com/us-news/2016/nov/08/waflash-trader-sarao-in-u-s-custody-to-appear-in-chicago-courts
On his way.
http://www.bloomberg.com/news/artic...rao-in-u-s-custody-to-appear-in-chicago-court
In court 9:30 am cst Chicago Wednesday
On his way.
http://www.bloomberg.com/news/artic...rao-in-u-s-custody-to-appear-in-chicago-court
In court 9:30 am cst Chicago Wednesday
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Based on what happened to Michael Coscia of Panther Energy Trading LLC, Navinder is probably looking for a long stay in the US....
http://www.bloomberg.com/news/artic...crash-trader-sarao-to-plead-guilty-in-chicago
Pleads guilty to two charges forfeits $12.9m
Pleads guilty to two charges forfeits $12.9m
Surprising he's allowed to go back to UK until further court appearances, but good on him , there is also a 25million penalty on his plea deal.